While ransomware numbers may fluctuate by season and region, it cannot be overstated that ransomware is becoming more sophisticated and targeted July 26, 2023/Kaspersky Ransomware remains one of the main threats to information security globally and in the META region. In 2022, the average cost of a ransomware attack was […]
Updates
MPC Meeting Update – July 2023
July 26, 2023/InvestmentOne Report At the 4th MPC meeting of the year, the Committee unanimously voted to RAISE policy rate further by 25bps to 18.75% and to tighten the asymmetric corridor from +100/-700 basis points to +100/-300 basis points around the MPR, leaving other policy parameters unchanged. Other parameters […]
Macroeconomic Update: Monetary Policy Rate
July 26, 2023/Research & Strategy Futureview Financial Services Limited The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has announced a 25 basis points increase in the benchmark interest rate (MPR) to 18.75%, marking the highest rate in 22 years. This decision was disclosed during a press […]
